Alt-Coin Trader

Ron Paul: President Obama Is Not A Socialist He is a Corporatist

Near the end of the third day of this year's Southern Republican Leadership Conference, it was time for Rep. Ron Paul (R-TX) to take the stage. Paul, fresh off his victory in the CPAC straw poll, gave a characteristically fired-up speech that took on the views of the Republican party establishment.

"The question has been raised about whether or not our president is a socialist," Paul said. "I am sure there are some people here who believe it. But in the technical sense, in the economic definition of a what a socialist is, no, he's not a socialist."

"He's a corporatist," Paul continued. "And unfortunately we have corporatists inside the Republican party and that means you take care of corporations and corporations take over and run the country."